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Jul 14, 2011
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this but that's not the big point right now. the critical point is as moody's is warning as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreements to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis, moderate term crisis which is the huge deficits. we do have to solve those, but not before august 2nd. we have to get a deal to avoid a catastrophe on august 2nd. >> so nicole, for republicans tomorrow, do they need to change strategy given what happened today? or what do they do going into this meeting tomorrow? >> look, it was barack obama who stood in the rose garden just a few months ago and talked about -- when he signed into law the extension of the bush tax cuts he seemed to understand that raising taxes is not the right thing to do
this but that's not the big point right now. the critical point is as moody's is warning as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreements to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis,...
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that seems to be their big mantra in the last week or so. i would say, okay. the rich can bear more of the burden. why don't we have the rich pay the full cost of their medicare and have the rich take reduced social security benefits? a way the rich can absorb more of the burden. i don't want to increase taxes. even if you tax rich people or corporations, it really is taxing everyone because you'll have less jobs and it will hurt the economy. the reason tax revenue's down is that we're growing at such a slow rate. if we could grow again, if our economy could get out of the recession we'd have plenty of revenue. >> so on the tax issue then, you have no wiggle room. because the president made the case today, he said look what bill clinton did in the 1990s. he raised taxes on wealthy americans and the economy was booming. george w. bush cut them and we had a more sluggish economy. the current president makes the case that bill clinton is proof if you have modest tax increases on the rich it won't have the impact on job growth the republicans argue. >> two weeks a
that seems to be their big mantra in the last week or so. i would say, okay. the rich can bear more of the burden. why don't we have the rich pay the full cost of their medicare and have the rich take reduced social security benefits? a way the rich can absorb more of the burden. i don't want to increase taxes. even if you tax rich people or corporations, it really is taxing everyone because you'll have less jobs and it will hurt the economy. the reason tax revenue's down is that we're growing...
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Jul 13, 2011
07/11
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didn't try to auction it off for big bucks. but maybe he might be wishing he kept it instead coming up. . crime and punishment tonight, an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one model year newer. to learn more, visit us today. responsibility. what's your policy? to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. if you have painful, swollen joints, i've been in your shoes. one day i'm on p of the world... the next i'm saying... i have this thing called psoriatic arthritis. i had some intense pain. it progressively got worse. my rheumatologist told me about enbrel. i'm surprised how quickly my symptoms have been managed. [ male announcer ] because enbrel suppresses your immune system, it may lower your ability to fight inf
didn't try to auction it off for big bucks. but maybe he might be wishing he kept it instead coming up. . crime and punishment tonight, an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one model year newer. to learn more, visit us today. responsibility. what's your policy? to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens....
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Jul 22, 2011
07/11
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but having said that, i think the big obstacles are still the big obstacles. the question is, will you raise taxes, right? >> will you raise taxes. let's go to the republican on that one. ari fleischer, you know how this works from your days on the hill and at the white house. the house proposal will die in the senate tomorrow. then the real negotiations begin. how much of a leash does the republican speaker have negotiating a deal with the president of the united states that could include the expiration and allowing the bush tax cuts to expire at least for those at the top end, the wealthy? >> john, i think the only way that tax cuts for the upper income tier expires is if barack obama is willing to put on the table the individual mandate. that's a pretty loud and clear message that he's been getting from republicans in these negotiations. clearly there is something in the air, and it's big in washington tonight. the new element is something called a trigger. there's been a lot of talk now involving the president and republican leaders in the white house abou
but having said that, i think the big obstacles are still the big obstacles. the question is, will you raise taxes, right? >> will you raise taxes. let's go to the republican on that one. ari fleischer, you know how this works from your days on the hill and at the white house. the house proposal will die in the senate tomorrow. then the real negotiations begin. how much of a leash does the republican speaker have negotiating a deal with the president of the united states that could...
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Jul 27, 2011
07/11
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it's a big deal. if america finally wakes up and recognizes that if they turn their backs, these guys will go right back to what they've been doing for generations. it's time for america to make some statements. and if we're really serious about protecting children we need to focus on these folks. to a much greater degree. i could fill an entire show just listing the nape names of elected officials, law enforcement officials in utah and arizona that have dropped the ball. members of the media that have turned their backs or done flattering stories. the list of bad guys is very long here. let's hope that this trial will wake everybody up. >> well, you've been doing some reporting on this for over ten years like you said. appreciate you being on, mike watkus. >> happy to be here. >>> still ahead the judge in the case of the casey anthony trial decides when he's going to release the names of the jurors. plus friends and family gather to mourn amy winehouse as investigators find out why she died. and a ne
it's a big deal. if america finally wakes up and recognizes that if they turn their backs, these guys will go right back to what they've been doing for generations. it's time for america to make some statements. and if we're really serious about protecting children we need to focus on these folks. to a much greater degree. i could fill an entire show just listing the nape names of elected officials, law enforcement officials in utah and arizona that have dropped the ball. members of the media...
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Jul 15, 2011
07/11
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it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with. this i just think it's a shame that a deal that would have both raised revenue, to the tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if we don't raise the debt -- >> nancy pelosi and others said you can't touch entitlements. >> i don't know of a single democrat that said it's not a big deal i
it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put...
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Jul 21, 2011
07/11
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if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite all the things you just said? >> oh, i think revenue razors, in my opinion, are fine. that's different than raising tax rates. and i think what we need to do is lower tax rates and close loopholes, and that raises revenue. and i think there's broad support for that. >> john corzine, on the other hand we're still recovering from a major recession which is i think what's captured so many people's attention. republicans say now is not the time to take any money out of the pockets of, as you heard, job creators. >> do they have a point? >> let me start with, almost e
if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite...
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Jul 28, 2011
07/11
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certainly there are also big signs that speaker boehner is facing a vocal rebellion among the gop ranks, among republican ranks. this morning on conservative talk radio he tried to rally the troops. >> is it true that you told some of the republican members this morning that you need to get your a word in line behind this debt ceiling bill? >> i sure did. listen, this is time to do what is doable. this bill isn't perfect. >> what have we got to do? >> just moments after he spoke those words from fellow republicans and tea party leaders were rallying against his bill outside the capitol. >> folks, we've got to hold the line. we've got to stand strong. we can't let down the people who elected us last november. >> we have the boehner proposal on the table. it will cut next year $1 billiobillion [ audience boos ] >> we are spending $1 billion an hour virtually. that is insignificant and not meaningful reform. >> tea party favorites rand paul and jim demint. one of the rally organizers saying compromise simply is not the answer. >> we do think compromise is a bad word. if you look at what's
certainly there are also big signs that speaker boehner is facing a vocal rebellion among the gop ranks, among republican ranks. this morning on conservative talk radio he tried to rally the troops. >> is it true that you told some of the republican members this morning that you need to get your a word in line behind this debt ceiling bill? >> i sure did. listen, this is time to do what is doable. this bill isn't perfect. >> what have we got to do? >> just moments after...